Faint expense in LOG

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Aug 6th, 2022

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How to faint expense in LOG

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[Applause] hi Iamp;#39;m Lisa from GTA accounting professional corporation today we will discuss how to keep a mileage log to support your vehicle expenses in tax return do you often use your vehicle for business if you use your personal car to earn some form of business income you can claim the money youamp;#39;ve used as a business expense in your income tax filing youamp;#39;ll need a mileage log in order to claim this expense this log is simply a way of substantiating your claim we will share with your details below on how to keep a mileage log and the kind of motor vehicle expenses that you can claim how to keep a mileage log the CRA will require you to keep a mileage log for at least one year which is evidence for your car expense claims this logbook should have the follow information the date in which the vehicle is used for business the starting point and destination the purpose of the trip the cars starting and ending mileage the total miles covered for that trip you can ge

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